We refer to the earlier announcements in relation to the Proposed Disposal. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.
On behalf of the Board, AmInvestment Bank wishes to announce that further to the payment by AMB of RM23,170,000, representing the cash deposit, to the Trustee upon the execution of the SPA on 8 June 2026 as part payment towards the Disposal Consideration, AMB had, on 27 July 2026, paid RM9,930,000, representing the RPGT Retention Sum, to the DGIR as part payment towards the Disposal Consideration.
On 23 October 2026, AMB paid the balance of the Disposal Consideration amounting to RM297,900,000, of which the Redemption Sum amounting to RM225,699,080.81 (comprising the principal amount, accrued interest and other amounts due and payable under the term loan facility of RM165,000,000 and the short term revolving credit facility of RM60,000,000 granted by the Chargee), was paid directly to the Chargee, while the remaining balance amounting to RM72,200,919.19 was paid to the Trustee.
Accordingly, the Proposed Disposal was completed on 23 October 2026 in accordance with the terms and conditions of the SPA.
This Announcement is dated 23 October 2026.